Question: A1 X V fx A B C D E F G H UNDERSTANDING HEALTHCARE FINANCIAL MANAGEMENT Chapter 6 -- Debt Financing NOUDONE PROBLEM 6 Six

A1 X V fx A B C D E F G H UNDERSTANDING HEALTHCARE FINANCIAL MANAGEMENT Chapter 6 -- Debt Financing NOUDONE PROBLEM 6 Six years ago, Bradford Community Hospital issued 20-year municipal bonds with a 7 percent 8 annual coupon rate. The bonds were called today for a $70 call premium--that is, bondholders 9 received $1,070 for each bond. What is the realized rate of return for those investors who bought 10 the bonds for $1,000 when they were issued? 11 12 ANSWER 13 14 15

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